Kiwi Saver HomeStart grant – How does it work??

Hallmark Homes

Kiwi Saver HomeStart grant – How does it work??

Kiwi Saver HomeStart grant – How does it work??

How does it work?

  • After three years of regularly contributing to KiwiSaver (of at least the minimum allowable percentage of your total income) you may be entitled to the HomeStart grant.
  • You can apply for the Kiwi Saver HomeStart grant or pre-approval if you have belonged and contributed to a KiwiSaver scheme, complying fund or exempt employer scheme for at least three years.
  • If you are purchasing a new home, a property bought off the plans or land to build a new home on, the Kiwi Saver HomeStart grant is $2,000 for each year of contribution to the scheme:If you are purchasing land to build a new home on, there is a maximum amount the combined land and new home can cost. There are other eligibility criteria to meet.
  • 3 years of contributing = $6,000
    (the minimum you can get)
  • 4 years of contributing = $8,000
  • 5 years of contributing = $10,000
    (the maximum you can get)

Got you interested?? Give us a buzz at Hallmark Homes on 0508 442556 and we’ll help you with the move to your brand new first home

www.hallmarkhomes.co.nz/homestart-grant/

Kiwi Saver HomeStart grant – How does it work??
Kiwi Saver HomeStart grant – How does it work??